WeVote
Log In

Bill

Bill

S 5829

Makes technical changes relating to the rescindment of certificates of authority

2025 Regular Session Introduced by Luis Sepúlveda

Makes technical changes to how certificates of authority can be rescinded, clarifying the process for issuers and holders and aligning related statutes.

REFERRED TO BUDGET AND REVENUE
0
WeVote Research Nonpartisan
Bill Summary · S 5829

Summary of Bill S 5829

Overview

  • Bill Number: S 5829
  • Title: Makes technical changes relating to the rescindment of certificates of authority
  • Sponsor: Primary – Luis R. Sepúlveda
  • Introduced: March 3, 2025
  • Status: Referred to Budget and Revenue (as of March 3, 2025)
  • Classification: bill

Purpose and intent

  • The bill is described as making technical changes to the statutes governing the rescission (rescindment) of certificates of authority.
  • Based on the description, the proposed changes are not presented as broad policy shifts but rather as refinements to existing statutory language. The exact substantive edits are not provided in the summary.

Key provisions (as described)

  • The available information does not include the bill’s full text. Therefore, specific provisions, definitions, timelines, or procedural steps are not disclosed here.
  • Given the designation as “technical changes,” the bill likely aims to clarify, harmonize, or correct cross-references within the existing framework for rescinding certificates of authority, potentially affecting wording, notice requirements, or alignment with related statutes. Readers should consult the final bill text for precise provisions.

Affected parties

  • Entities that hold or are subject to certificates of authority (the rights, licenses, or approvals that enable activity under a statutory framework).
  • State or departmental agencies responsible for issuing, regulating, or rescinding certificates of authority.
  • Businesses or individuals interacting with the process of rescinding authority certificates.

Procedural and timeline aspects

  • Legislative action to date: Referred to the Budget and Revenue committee on March 3, 2025 (listed twice in the provided actions, which appears to be duplicative in the record).
  • Next steps: As the bill is in Budget and Revenue, the committee will typically assess any fiscal impact and may hold hearings, amend, or advance the bill. The current status does not indicate a floor vote or passage.

Related legislation

  • Related bill: S 8355 (prior-session) — noted as related, which may indicate overlapping or predecessor provisions related to certificates of authority.

Practical considerations

  • If you are affected by certificates of authority, monitor updates from the Budget and Revenue committee for any fiscal notes, amendments, or schedule for hearings.
  • To understand the exact impact, obtain the bill’s full text and any fiscal impact statements once released.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.